Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 1014 results for "US economy"

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
... stronger - up to 57.1 in June from 45.4 in May and April's 11-year low reading of 41.8...."hiring is picking up". The US economy has added 2.7 million jobs in May and 4.8 million in June after shedding 1.3 million jobs in March and 20.5 million in ...

Chief economist update: Extraordinarily uncertain outlook

BENJAMIN ONG  |  TUESDAY, 30 JUN 2020
US Federal Reserve chair Jerome Powell has painted an optimistic picture of developments in the US economy while at the same time warning of extraordinary uncertainty. "As the economy reopens, incoming data are beginning to reflect a resumption of economic ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... Russell 2000 (7.6%). Financial market wire and web services pointed the finger on the Fed's gloomy outlook for the US economy (declared at the conclusion of its 9-10 June FOMC meeting) and the increasing likelihood of a second wave in America. I ...

Chief economist update: The second wave

BENJAMIN ONG  |  FRIDAY, 12 JUN 2020
... Russell 2000 (7.6%). Financial market wire and web services point the finger on the Fed's gloomy outlook for the US economy (declared at the conclusion of its 9-10 June FOMC meeting) and the increasing likelihood of a second wave in America. Don't ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... purchases, which is around US$80 billion per month. As part of a commitment "to using its full range of tools to support the US economy in this challenging time" Fed chair Jerome Powell indicated the central bank would continue to review the asset purchase ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... bucket. Both the Fed and the Trump administration had been throwing money at the problem so it would go away. Still, the US economy contracted at a 4.8% annualised rate in the March 2020 quarter - before the mid-March isolation and "shelter in place" ...

Global markets bleed red

ALLY SELBY  |  THURSDAY, 16 APR 2020
... the depth of the disappointment had perhaps been one to shock," she said. "In particular, for the consumption-driven US economy, retail sales coming at historic low at -8.7% year-on-year may not be the worst to come, expecting the US lockdown that cut ...

Wall Street rally runs out of steam

ALLY SELBY  |  WEDNESDAY, 8 APR 2020
... who think there is a lot more bad news to come." D'Amato believes everything is reliant on the trajectory of the US economy. "If the economy is on a downward trajectory, companies will be too," D'Amato said. "We need to remember the US is the ...

Will COVID-19 infect mortgages and RMBS?

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... situation. He added that the action of these institutions i n the coming weeks and months could have implications for the US economy as a whole. "At a moment when liquidity is essential to avert public panic and to facilitate investments that respond ...

Trump slams Fed in Twitter tirade

ALLY SELBY  |  WEDNESDAY, 11 MAR 2020
... the Federal Reserve issued an emergency rate cut, reducing interest rates by 0.5% to 1-1.25% in a bid to support the US economy "as it responds to the global coronavirus outbreak". The US central bank is expected to cut interest rates further, with markets ...